Debt consolidation calculator

1. Points are offered in accordance with the NAB Qantas Credit Card Account Reward Terms and Conditions available at nab.com.au/Qantas. To earn points using your NAB Qantas Card account, you must be a member of the Qantas Frequent Flyer program. If you aren’t already a Qantas Frequent Flyer member, NAB has arranged for the joining fee to be waived for a limited time if you apply and receive a NAB Qantas credit card and join through qantas.com/joinffnab. Membership and points are subject to the terms and conditions of the Qantas Frequent Flyer program. For more information visit Qantas.com/frequentflyer. Offer is not available to NAB staff under Employee’s Choice.

2. The NAB Low Rate Visa Card (Purchase) Indicator Rate is 13.24%p.a. (as at 10 January 2012) and is subject to change. The NAB Low Rate Visa Card (Cash Advance) Indicator Rate is currently 21.74%p.a. (as at 10 January 2012) and is subject to change. Offer only available for new approved applicants who apply by 1 April 2012. Offer is not available for package arrangement customers or when closing / transferring from another NAB credit card account or in conjunction with any other NAB credit card offer. The 3.99% p.a. purchase rate applies for 6 months from the date the account is opened. If at the end of the promotional period any purchase amounts are owing, those amount will attract the interest rate for purchases (The NAB "Purchase" Indicator Rate as advertised from time to time) then applicable to your NAB credit card account. 3.99%p.a. purchase rate excludes cash advances (including bills paid over the counter at a bank, financial institution or post office and for the purchase of travellers cheques).

3. Annual card fee subject to change. Correct as at 10 January 2012.

6. Link your card to your FlyBuys membership at no additional cost. Minimum thresholds and standard FlyBuys terms and conditions apply. The FlyBuys program is operated by Loyalty Pacific Pty Ltd ABN 82 057 931 334.

7. Your balance transfer will revert to the purchase indicator rate at the end of the balance transfer period. Interest free days do not apply while you have a balance transfer.

10. National Australia Bank Limited has obtained the NAB Overseas Travel Insurance, Purchase Protection insurance, and Extended Warranty Insurance under Master Policies issued by Chubb Insurance Company of Australia Limited ABN 69 003 710 647 AFSL 239778. The benefits are extended to NAB Gold and Platinum cardholders. The terms, conditions and exclusions are specified in the NAB Card Insurance Policy Information Booklet and can be amended from time to time.

The results provided by these calculators are an approximate guide only and for illustrative purposes, and do not correspond to the operation of NAB's credit products or other institutions. These calculators, or the results generated, do not constitute any agreement by NAB to provide credit. Lending by NAB is subject to NAB's normal lending criteria.

The calculations do not take into account any fees and charges. Information about NAB's range of lending products (including fees and charges), and simulations relating specifically to these products, can be obtained by calling NAB on 13 13 12, visiting nab.com.au, or by visiting your local branch.

This information is of a general nature only. It does not take into consideration personal circumstances and should not be taken as advice. Before making financial decisions, you should seek advice from a qualified and licensed financial adviser.

A personal loan offers flexibility and control. But it's important to remember, like any debt, you will have to repay it. If you are unsure as to whether you will be able to manage repayments for a new personal loan, then you should not consider taking up a personal loan from NAB at this point in time.

1. Redraw is only available on unsecured variable rate NAB Personal Loans that don't have a guarantor. Funds must be transferred to a NAB transaction account. Minimum redraw amount is $500; the maximum redraw amount is $15,000.

* WARNING: This comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. For loans of $5,000 - $9,999 the comparison rate is calculated on a loan amount of $10,000 over a term of 3 years, based on monthly repayments, and for loans of $20,000 - $80,000 the comparison rate is calculated on a loan amount of $30,000 over a term of 5 years, based on monthly repayments.

A credit card offers you great flexibility and convenience. But it's important to remember, like any debt, you will have to repay it. If you are unsure as to whether you will be able to manage repayments for a new credit card, then you should not consider taking up a NAB credit card at this point in time.

American Express® is a registered trademark of American Express Company. MasterCard® and the MasterCard® brand are registered trademarks of MasterCard® International Incorporated.

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